Campbell Shipping is close to sealing a deal for the sale of a pair of Chinese supramaxes, brokers tell Splash. The sale of the ships that’s been with the owner since they delivered marks an exit from the supramax segment for the owner.
The pair have been on the market for months. Before the summer the 2010-built CS Soraya and CS Sonoma were reported available for inspections at several locations and back then the ships were expected to fetch around $12m. However, the vessels have now gone for slightly less, at $10.7m each.
Campbell has a healthy fleet of 13 ships with a fleet average age of five years, resulting from newbuilding activity both in China and Japan. Campbell has continually been renewing its fleet and has focused on selling ships. Its last secondhand purchase was in 2009.
Turkish bulk player Densay is tipped to be the taker of the ships. The bulkers are a fine fit looking at Densay’s fleetlist, which counts 10 similar sized and aged ships to the Campbell pair.